7 Maginnis Street, Newry, Co. Down, BT35 6AR

7 Maginnis Street, Newry, Co. Down, BT35 6AR - Click to view photos
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£62,000 (€70,752)

Terraced House
2 Bedrooms, 1 Bathroom, Terraced House

Contact Name: Patrick Convey

Agent: IAM Sold Property Auctions

PSR Licence Number: 002978

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Property Description

Best Property Services in partnership with The Northern Ireland Property Auction

Offered at bids over £62,000 plus reservation fee.

Offering new to the open market this 2 bedroomed mid terrace house is located in a popular location and is within walking distance of Newry City Centre and all local amenities This property is ideal for investors and first time buyers alike.

The property currently has sitting tenants and is generating rental income of £550 pcm currently

Accommodation on the ground floor comprises of a lounge with carpet flooring, kitchen with a range of upper and lower level units. On the first floor there are two bedrooms and bathroom. The current vendors have installed gas central heating and the property has double glazed windows.

To view or make a bid contact: Best Property Services 028 3026 6811 or Northern Ireland Property Auction on 028 9560 8380, www.nipropertyauction.com.
Auctioneers Comments:

This property is for sale under Traditional Auction terms. Should you view, offer or bid on the property, your information will be shared with the Auctioneer, iamsold.

With this auction method, an immediate exchange of contracts takes place with completion of the purchase required to take place within 28 days from the date of exchange of contracts.

On exchange of contracts, the buyer is required to make a payment of a 10% deposit, sign a reservation agreement and make payment of a non-refundable Reservation Fee of 3.6% of the final agreed sale price including VAT, subject to a minimum of £6,000.00 including VAT. The Reservation Fee is paid in addition to the agreed purchase price and is considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.

Buyers will be required to go through an identification verification process with iamsold and provide proof of how the purchase would be funded.

This property has a Buyer Information Pack which is a collection of documents in relation to the property. The documents may not tell you everything you need to know about the property, so you are required to complete your own due diligence before bidding. A sample copy of the Reservation Agreement and terms and conditions are also contained within this pack.

The property is subject to an undisclosed Reserve Price with both the Reserve Price and Starting Bid being subject to change.

This property was last updated: 2 days ago


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To: Patrick Convey in IAM Sold Property Auctions
Subject: Terraced House in 7 Maginnis Street, Newry, Co. Down, BT35 6AR
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Selling Agent

IAM Sold Property Auctions
16A Liosbaun Business Park, Tuam Road, Galway.

Contact Name: Patrick Convey

PSR Licence Number: 002978

Show Number
This Terraced House located at 7 Maginnis Street, Newry, Co. Down, BT35 6AR is currently for sale. This property was last updated by IAM Sold Property Auctions 2 days ago. 7 Maginnis Street, Newry, Co. Down, BT35 6AR is priced as: £62,000 (€70,752) and has 2 Bedrooms, 1 Bathroom. View all properties for sale in Co. Down, BT35 6AR. View properties for sale with 2 bedrooms in Co. Down, BT35 6AR.
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7 Maginnis Street, Newry, Co. Down